UniCredit Serbia Gets EU11 Million From KfW for Regional Lending

Nov. 3 (Bloomberg) -- KfW Entwicklungsbank, part of KfW
Bankengruppe, approved a credit line of 11 million euros ($15
million) for UniCredit SpA’s unit in Serbia for lending to
municipalities in the Balkan country that need infrastructure
financing.

The amount is part of KfW’s Municipal Infrastructure Credit
Line Project, mainly for smaller municipalities, and it will be
followed by “special incentives for investments in energy
efficiency” in the near future, the banks said in a statement
posted on Unicredit Srbija AD’s website yesterday.